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Sunday, April 28, 2019

Platinum price may move towards $962 price level, in case the
Bulls increase their momentum to break up the $898 price level. Should the
Bears defend the $898 level, there may be a decrease in Platinum price towards
$833

XPT/USD Market

Key levels:

Supply levels: $898, $962, $1030
Demand levels: $833, $776, $714

XPTUSD Long-term trend: Bullish

XPTUSD is ranging on the weekly chart. XPTUSD was bullish on the
week that started on April 15 and the bullish momentum placed the currency pair at $898 level. On
this concluded week, XPTUSD was on the ranging movement which eventually
resulted in the formation of Doji candle on the same level. The consolidation
going on at the supply level of $898 is taking up to three weeks now. The
momentum of the Bulls and the Bears are at equilibrium

Platinum (XPTUSD) Weekly chart, April 27

Although consolidation is ongoing at $898 level, the bullish
trend is still maintained as long as the Platinum is trading above the 21 periods EMA and 50
periods EMA. The Relative strength Index period 14 is around 60 levels with the
signal lines showing no direction indicate that consolidation is ongoing in the
XPT market. Platinum price may move towards $962 price level, in case the Bulls
increase their momentum to break up the $898 price level. Should the Bears
defend the $898 level, there may be a decrease in Platinum price towards $833.

XPTUSD medium-term Trend: Ranging

On the medium-term outlook, XPTUSD is on the sideways movement.
Throughout last week, the currency pair engaged on the sideways movement at
$898 price level; the price is moving above and below the $898 price level. It
is currently on the mentioned level with the formation of the daily strong
bullish candle.

The Relative Strength Index period 14 is at 60
levels with the signal line pointing up to indicate a buy signal.

Please note: insidebitcoins.com
is not a financial advisor. Do your own research before investing your funds in
any financial asset or presented product or event. We are not responsible for
your investing results.

Friday, April 26, 2019

Sokeipiriye Briggs is an online vendor, who also buys
and sells cyrptos on websites like CoinDirect.com.

Many people pretend to be what they’re not…. But you
don’t really know anyone who’s honest and God-fearing until you completely find
yourself at their mercy.

I wanted to purchase something that was worth N36,000
but I mistakenly sent N360,000 to Sokeipiriye Briggs. I became desperate, and
contacted both my bank and Coindirect.

To cut the long story short, Sokeipiriye Briggs
refunded the money. He actually wrote his bank to return the excess money while
retaining his legitimate N36,000.

No matter how bad the country is. No matter how mad
certain people are – getting themselves involved in all sorts of foolish things
because of economic problems – there are still certain honest Nigerians.

Given his name, Brigs is a south south person. May
the blessings of the Almighty God continue to rest on him. May he continue to
experience breakthroughs in all his undertakings.

Sokeipiriye Briggs, we’re proud of you! Yes, Nigeria
will be a better place if most Nigerians are like you.

Tuesday, April 23, 2019

After April short position, DASH market had been following a
bearish sentiment. Crossing down the 200-day MA, DASH/BTC nears a key support
level of 0.022 BTC. Despite the fall, the 200-day MA still acts as a defensive
line for DASH/USD pair. However, both markets respect a falling channel.

DASH/USD Market

Key Levels:
Resistance levels: $135, $145
Support levels: $115, $100

The price of DASH had been falling for the past weeks due to the
selling pressure in the market. As a result of this, the market has been down
by roughly 18% as price currently trades at $123 level. The volatility of the cryptocurrency appeared
low with choppy price action.

Following the
medium-term bearish correction, DASH is still respecting the bulls’ defensive
line; the 200-day moving average line (yellow). Meanwhile, the $125 price level
has been holding the bulls for the past twelve days. A successful breach might
take price to $130.

As shown on the RSI, the
trend is positioned at 56.8 level. The next major resistance is at $135 level
which is outside the channel. A bearish move could slump price to $115support.

DASH/BTC Market

While staying above
the important 200-day moving average line (yellow) in late March, DASH price
rose to the peak of 0.029 BTC high before plunging in a channel. Testing the
yellow line on April 12, a significant break has further led the bears far
below the yellow line.

Currently, the cryptocurrency head towards the March
support at 0.022 BTC level. At the test of the mentioned support, a possible
bounce up may occur for a bullish reversal. If a bounce up fails, a break down
could further the trend in a more bearish condition.

The medium-term RSI is now trending below the 50 level after the
price drop on April 1. A successful break up could kick-start a bull-run at
0.024 BTC resistance level, testing the important yellow line.

Please note: insidebitcoins.com
is not a financial advisor. Do your own research before investing your funds in
any financial asset or presented product or event. We are not responsible for
your investing results.

Sunday, April 21, 2019

With the current market condition, this
cryptocurrency may reverse the trend after reaching a solid
support level which may be followed by a break-up. If otherwise, the market
could further trend in a channel. As of the time of writing, IOTA is down by 3%
with a market cap valuation of $846 million.

IOTA/USD Market

After the April 2 shock-wave, IOTA trading has
been following a bearish sentiment. Meanwhile, the sellers have been gaining
control ever since. The bearish reverse move is revealed on the 4-hours RSI.
For the past seven days now, the price action has been moving between the range
of $0.32 and $0.3 price levels.

While consolidating,
IOTAUSD market is currently indecisive. A surge in volatility is likely to play
out. Still respecting a falling channel, a bearish surge could slump price to
$0.28 support level and below. On the other hand, a bullish surge is likely to
meet resistance levels at $0.33 and above.

However, a significant
break above the channel could set price on an upward movement. Looking at the
RSI, it appeared a slow rise is converging.

IOTA/BTC Market

As appeared on the
medium-term perspective, IOTABTC value has significantly dropped; losing about
twenty percent in the past three weeks of trading. Selling pressure is
dramatically approaching 5400 SAT support.

Following a bearish sentiment, the
cryptocurrency has remained within the range of a channel
trend. On the 4-hours RSI indicator, the slope move is revealed below the 50
level after the sharp fall in early April. A cross above the 50 level could
lead to a bullish move. If such a scenario occurs, the potential resistance
level to look for is 6180 SAT and above.

Maintaining a trend between the ranges of the channel could
further position the market in a bearish scenario. As of now, the 50 level of
the RSI remains a defensive line for the bears.

Please note: insidebitcoins.com is not a financial
advisor. Do your own research before investing your funds in any financial
asset or presented product or event. We are not responsible for your investing
results.

Saturday, April 20, 2019

Barclays shares
(LSE:BARC) were recently not a good market, but things are now looking
promising. There is a clear bullish signal in the market.

Price
broke the upper Trendline to the upside more than a few times, only to return
below it. This time around, price has broken above the upper Trendline again,
and it may not return below it at the present.

This fact
is also buttressed by the signal on the RSI period 14, which has gone above the
level 60, pointing farther upwards. There is a clear bullish signal in the
market.

BARC is
supposed to reach the distribution territories at 180.00, 190.00 and 200.00
before the end of this year.

HSBC
Holdings stock (LSE:HSBA) has generated a clean, low-risk buy signal, following
the recent discouraging conditions in the market.

From
November 2018 to February 2019, price consolidated seriously, and then fell
lower in the following few months. Starting from the latter end of March 2019,
a nice bullish trend has started.

4 EMAs are
used for this analysis and they are EMAs 10, 20, 50 and 200. The color that
stands for each EMA is shown at the top left part of the chart.

At this
point, all the EMAs are sloping upwards as price remains above them. Most
importantly, a Golden Cross has taken place, and that is a very good signal for
bulls. The signal is still very much fresh as the market has much more room to
go skywards.

HSBA is supposed
to reach the supply levels at 700.00, 800.00 and 900.00 before the end 2019.

Thursday, April 18, 2019

Regardless of the current green market, XRPUSD bearish sentiment
moves in a descending channel with a slow price action towards close support.
XRPBTC, on the other hand, has further fallen in a new direction. Still, XRP
market is falling.

XRP/USD Market

Looking at the medium-term chart, Ripple appeared bearish as price trades
within a descending channel in since early April. While sitting at the lower
channel, XRPUSD market has been consolidating for the past five days as a swing
high is expected at $0.35 resistance level. A further push above the mentioned
resistance may resume XRP on a bullish trend.

Meanwhile, a possible
swing low could plummet price to $0.3 support and beyond. Evidently, the trend
lines are still a defensive line for the bulls and the bears.

Viewing the 4-hours
RSI, a gradual buying momentum is compounding as it points upward. More importantly,
the 4-hours Stochastic RSI pressure nears overbought territory. A slight drop
is likely once the indicator reaches the overbought zone.

Nevertheless, XRPUSD
market is still respecting a descending channel pattern.

XRP/BTC Market

Ripple, as a hedge, is
on a downtrend trend. The massive sell-off in early April has led the sellers
to more significant downward movement as price faces 6000 SAT low.The coin’s
value is dramatically depreciating as a new low is yet to be established. The
bearish scenario is now revealed to be strong; following a new purple line.

Since the drop, the 4-hours RSI has positioned
trading below the 50 level; currently swinging on the oversold line. A clear
breach above the purple trend line could fly price to 6600 SAT resistance and
above.

The current 4-hours Stochastic RSI faces the oversold
zone; showing an ongoing selling pressure. A long position may switch the
Oscillator on an upside trend. At the moment, the sellers are gaining control
of the market.

Please note: insidebitcoins.com
is not a financial advisor. Do your own research before investing your funds in
any financial asset or presented product or event. We are not responsible for
your investing results.

Tuesday, April 16, 2019

For the past two
weeks, Binance Coin has been trading below $20.5, the yearly high, following a
bearish sentiment. While BNBBTC market consolidates, BNBUSD is actually playing
out on a decline as the sellers target next support level. However, a bullish
breakout may continue an upward direction.

BNB-USD Market

Key Levels:
Resistance levels: $20, $21
Support levels: $17, $16

BNBUSD performance has
been quite impressive since the beginning of the year 2019; recording its
all-time high at $20.5 in early April. After the steady drop to $17 area, the
bulls increased momentum as price retested the ATH area; carving a descending
broadening wedge formation.

BNBUSD-4H-Chart-April-15

In the last few hours
of trading, the bears
appeared to be resuming the rally. A selling pressure is gradually aiming $17
and $16 supports; respecting the trend line.

The important RSI is
currently facing downward, signaling a bearish play. Reaching the oversold area
may position the token at the mentioned price levels. A bullish play is likely
to retest $20 resistance level. Surpassing the level may lead to a bullish continuation.

BNB-BTC Market

Following the market
structure, BNBBTC is bearish on a medium-term trend as the price trades within
a channel pattern. The fall began slowly after a double-bottom pattern at
0.0044 BTC high, which led the bears to the lower trend line at 0.0033 BTC
before the bulls walk to 0.0039 BTC; testing the upper trend line.

BNBBTC-4H-Chart-April-15

Since yesterday, the
price action has remained below 0.0039 BTC resistance level. A cross above this
resistance could poise BNB for an upside trend. A long position could meet
resistance at 0.0042 BTC resistance level. On the other hand, a downward move
is likely at 0.0034 BTC and 0.0033 supports.

As revealed on the
4-hours RSI, the cryptocurrency is trading below the overbought level.

Please note: insidebitcoins.com is not a financial
advisor. Do your own research before investing your funds in any financial
asset or presented product or event. We are not responsible for your investing
results.

Thursday, April 11, 2019

Last Updated on April 10,
2019

4.6 (91.54%) 26votes

The complications with buying Bitcoin with Paypal are well-known
: many individuals have sold their bitcoins on Paypal to buyers who have then
claimed chargebacks, in essence leaving the seller without their cryptocurrency
or funds from the sale.

Thankfully, there are many other
ways of buying Bitcoin through Paypal nowadays, and to
do so on safe, regulated platforms. From our research, we have
found eToro to be the best platform for puchasing bitcoin through Paypal. Read
on to find the steps you should take to buy Bitcoin on this platform and on
more exchanges, all of which will be reviewed in detail in this article.

Best Forex Brokers 2019 – Forex Trading Platforms Compared

Last
Updated on April
8, 2019

5 (100%) 1 vote

The
trading of foreign currencies, or simply ‘Forex’ or ‘FX’, is arguably one the
largest investment markets in the world. To illustrate just how big the forex
scene has become, it is estimated that the industry is responsible for more
than $5 trillion in trading volumes – each and everyday.

It is important to note that this trading
scene is not just reserved for institutional investors. On the contrary, the
forex investment space is utilized by traders of all sizes. Whether you’re
looking to trade forex full-time, or for a couple of hours a day, there are now
heaps of established trading platforms available to choose from.

But with so many platforms to choose from,
how do you go about finding the best forex brokers? What should you look for
when choosing a FX brokerage service? Read our guide to find out the best
forex trading platforms for 2019.

eToro is
a multi-asset platform that offers CFD and non-CFD products. 76% of retail
investor accounts lose money when trading CFDs with this provider. Your
investment is at risk and you could lose your money investment.

Forex markets
demonstrate exchanges between different currencies and their prices relative to
that exchange. Understanding charts are very important and can be an extremely
useful tool in trading Forex. Prior to learning how to read them and how you
can use them to make money trading, you should understand what exactly goes on
in a forex market chart.

Charts Are Relative to
a Parameter – Foreign
exchange market charts are always relative to a certain parameter. The most
basic chart type in Forex, which you’ll also be using the most, is the standard
line graph. A line graph houses two axis, the X-Axis, and the Y-Axis. Charts
demonstrate something. The most common chart, a line graph, shows the
performance of one parameter over the length of a different parameter.

The most common chart
in Forex trading is the performance of a currency pair over a said period of
time. In this case, we can determine the following parameters are used to
demonstrate a chart for how the price of a currency pair performs over time.
The parameters used in this case are:

1.) The trading pair
2.) The exchange rate (price) of the trading pair, 3.) Length of time the exchange
rate of the trading pair has been recorded. In the most standard and most
likely used average format of this type of chart, the parameters are used in
the following notion; on the Y-Axis, you have a scale that shows the prices
that the trading pair has previously obtained. On the X-Axis, you have a start
date for where the data recording starts, and then an end date for when the
data ends.

Let’s look at the
above chart of USD/JPY courtesy of DailyFX. At
the title of each graph, you will have an overview indication of what it is
you’re looking at. In this case, this is the chart for the price of “USD/JPY“,
in other words, the amount of USD that can be exchanged for JPY over the period
of a year. On the X-Axis you can see the time indications, which are marked by
Months (Time).

Then as we previously
mentioned, on the Y-Axis, we have the price points at which the USD/JPY pair
has attained.

Now, let’s delve a bit
deeper into the graph. The exact price points may simply look like the prices
at which USD/JPY has obtained previously, correct? Yes and no. The above chart
is one of the most used and probably most important chart type that you’ll come
across, called a Candlestick Chart.

A candlestick chart is
a type of chart that shows the performance of a currency over time through the
form of “candlesticks”. Candlesticks are visual representations of price
movements of an underlying currency from its open price, close price, as well as
its price increase/decrease relative to the price of the currency on the
previous close. This might sound confusing at first, but let’s dive in;
candlesticks are a concept that can only be learned with practice.

A candlestick
represents a singular time mark relative to the time preference you’ve set. If
you open a “Daily” candlestick chart, each candlestick that you see on the
chart will be representative of a “Day” of price movement. Let’s look at a
zoomed in version of the USD/JPY chart, which looks like so:

Looking at this chart,
each candlestick represents a “Day” of price movement for the USD/JPY pair.
Each green candlestick means that on this “Day”, the price of USD/JPY closed
higher than what it closed on the day before unless we are talking about the
most present candlestick on a candlestick chart. In this case, the candle will
be green or red depending on whether or not the price on a “Day” opens relative
to the previous day. If it opens higher, then in realtime the candle will
appear green.

The following image,
provided by Investopedia,
demonstrates the anatomy of a candlestick on a chart.

The topmost part of
the candlestick indicates the highest price achieved by the pair during the
day; the second topmost is which price the pair opened or closed the day at;
the body of the candle extends only as far as the fluctuation in price during
the day. The bottom of the body indicates the subsequent open or closing, and
then finally, the bottommost part of the candle represents the lowest price
attained during the trading period.

Analyzing these sorts
of charts are necessary to get a better grasp for Forex trading but are also
extremely necessary for learning how to maneuver any financial market. Learning
the functionality and basis of a candlestick chart will be invaluable in your
overall trading.

The second chart that
should be understood is the basic line chart. With (Hopefully) newfound
knowledge in Candlestick Charts, understanding basic line charts will be easy.
Line charts are primarily useful in Forex trading for a preliminary overview of
price action. If there are 4 trading screens open across your trading desk, you
may not want to know the exact details associated with price action that
candlesticks provide. Sometimes you simply want to know the general direction.
Basic line graphs are excellent for that purpose.

A line graph displays
data in a similar manner as a Candlestick Chart. A basic line graph/chart will
overview the price of a certain trading pair over a certain time period.
However, it will only ever demonstrate a singular parameter through the chart:
which is the close price of the trading pair. Here is the same trading pair we
viewed earlier with a candlestick layout, except now replaced with a basic line
setup.

Here you can see we
have a very broad overview instead of exact closes, opens, and daily movements,
and sometimes that’s the only thing you want when looking at a trading pair.
This chart is extremely simple in terms of composition: on the Y-Axis, we have
the price of the range of prices the trading pair has previously attained, and
then on the X-Axis we have our variable of time, which is in months for this
specific graph.

Reading Forex charts
is essential, and with this basic understanding, you should have the capability
to make very brief and preliminary inferences, such as “This trading pair has
been declining in price for over 2 months now”, or “This trading pair dipped
down today after increasing for over 3 weeks, maybe now is a good time to trade
upward.” Of course, nothing is set in stone; however, comprehending Forex
charts will allow you to reach a level of knowledge in trading and analysis
that can be very helpful in making profit